The Influences of Risk Management Committee and Audit Committee towards Voluntary Risk Management Disclosure
Pengaruh Jawatankuasa Pengurusan Risiko dan Jawatankuasa Audit terhadap Pendedahan Maklumat Sukarela Pengurusan Risiko

Faculty of Economics and Management
Universiti Kebangsaan Malaysia

maizatul@ukm.edu.my

Zaleha Abdul Shukor
Faculty of Economics and Management
Universiti Kebangsaan Malaysia
43600 UKM Bangi, Selangor, MALAYSIA.

zbas@ukm.edu.my

Mohd Mohid Rahmat
Faculty of Economics and Management
Universiti Kebangsaan Malaysia
43600 UKM Bangi, Selangor, MALAYSIA.

mohead@ukm.edu.my

Abstract

The main objective of this study is to examine the influences of committees that are being appointed to manage risk towards voluntary risk management disclosure (VRMD) among non-financial companies in Malaysia. Non-financial companies will usually appoint either Risk Management Committee (RMC) or Audit Committee (AC) to manage their risks. Based on resource dependence theory, this study contends that the committees provide risk management resources particularly in terms of risk management information that could influence the VRMD. All data of VRMD, RMC and AC were collected from companies’ annual reports by using content analysis method. The sample in this study consisted of 395 non-financial companies which were listed on Bursa Malaysia in 2011. Our multiple regression results show that RMC presence and AC activeness increase VRMD. Our findings provide evidence that the establishment of RMC could increase the risk management disclosure among companies in Malaysia.

Keywords

audit committee; Risk management committee; risk management disclosure; voluntary disclosure
https://doi.org/10.17576/pengurusan-2017-50-08

Citation

Abdullah, M., Abdul Shukor, Z. A., & Rahmat, M. M. (2017). The Influences of Risk Management Committee and Audit Committee towards Voluntary Risk Management Disclosure. Jurnal Pengurusan, 50, 83–95. https://doi.org/10.17576/pengurusan-2017-50-08

@article{abdullah2017influences,
  title={The Influences of Risk Management Committee and Audit Committee towards Voluntary Risk Management Disclosure},
  author={Abdullah, Maizatulakma and Abdul Shukor, Zaleha and Rahmat, Mohd Mohid},
  journal={Jurnal Pengurusan},
 

volume={50},
  number={},
  pages={83—95},
  year={2017},
  doi={https://doi.org/10.17576/pengurusan-2017-50-08},
  publisher={Penerbit UKM},
}

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50 (2017) 83 – 95

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